Rest of Asia
Capital A said AirAsia Cambodia, a JV with Sivilai Asia, would launch in the second half of 2023.
Reliance Retail's adoption of digital rupee can become playbook for Asia
Adani crisis ignites Indian contagion fears, credit warnings
Indonesia's eFishery to step up US focus in exports push
Japanese VC Global Brain sets up $39m fund with Meiji Yasuda Life Insurance
SG-based The Parentinc looks to turn profitable next year, even as losses zoom nearly 25% in 2021
Bangladesh B2B startup ShopUp secures $30m debt financing
Singapore’s Blockchain Founders Fund eyes over 200 deals with $75m second fund
BYJU’s fires another 1,200 employees, more layoffs to follow
Indonesian co-working space CoHive declared bankrupt by court
Indonesian warung enabler GudangAda leans on lending, POS services in revenue push
The airline has had acting CEOs since 2020.
The bonds were part of a S$19b rescue package backed by Temasek.
Tencent said ad sales slumped 18% in Q1 2022.
In April, sales of NEVs dropped 61% month-on-month.
Garuda is seeking to slash liabilities of $9.8b to $3.7b under the plan.
UFC is gearing up for its fifth event in SG, which is rival ONE Championship’s home turf.
The company is planning to expand to more locations in SE Asia.
The company will postpone deliveries of its EVs.
The airline reported a net profit of $62.9m for the quarter ended Dec. 31.